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Registered No litigation declared Residential / Group Housing project

BHAKTI PANACHE

By M/s MAHAVIR CONSTRUCTIONS AND DEVELOPERS

RG-MH-35394 · RERA P52100054679 · Last updated on MahaRERA portal: 27 May 2026

Source: official MahaRERA filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • No encumbrance on the project land
  • Separate project account declared
  • Allotment letter follows the model form

Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.

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Sep 2027Possession promisedno revision filed
6 of 22Construction stages doneacross 2 buildings; furthest along: Slabs of Super Structure, 65%
16 of 22Units unsoldnot recorded sold or booked
0Complaints at MahaRERAon this registration
Jump to the 94 documents Report an error

BHAKTI PANACHE is a Residential / Group Housing project by M/s MAHAVIR CONSTRUCTIONS AND DEVELOPERS in Pune, Maharashtra, registered with MahaRERA as P52100054679 on 2 Feb 2024. Possession is promised by 30 Sep 2027. 6 of the 22 units on this registration are recorded sold or booked, and 6 of 22 construction stages are filed complete.

At a glance

Project

  • NameBHAKTI PANACHE
  • TypeResidential / Group Housing
  • Location
    • GULTEKDI PUNE
    • Pune (M Corp.)
    • Pune City
    • Pune
    • 411037
  • Pincode411037
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52100054679
  • ReraGenie IDRG-MH-35394

Builder

  • NameM/s MAHAVIR CONSTRUCTIONS AND DEVELOPERS
  • Entity typePartnership
  • PartnersAMIT ANILKUMAR SHAH, ANILKUMAR KILACHAND SHAH
  • Declared earlier projects1 →

Key dates

this monthRegisteredFeb 2024PromisedSep 2027

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on2 Feb 2024
  • Promised completion30 Sep 2027
  • Revised completionNone
  • Buildings2 building records
  • Documents filed94 files

Current status

27%6 of 22 units booked
65.1%Work done, per cost certificate

Figures as on 27 May 2026, this project's latest MahaRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
WING ANA54303
WING BNA6519019

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building2

As on 27 May 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

6 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Slabs of Super Structure, at 65%.

WING A35%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure65%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks20%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%
WING B35%
ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)0%
Plinth100%
Stilt Floor0%
Slabs of Super Structure65%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks20%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%

Progress on shared amenities15

As on 27 May 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Internal Roads & FootpathsYes0%
Water SupplyYes0%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes0%
Storm Water DrainsNoNot applicable
Landscaping & Tree PlantingYes0%
Street LightingYes0%
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes0%
Energy managemcntYes0%
Fire protection and fire safety requirementsYes0%
Electrical meter room, sub-station, receiving stationYes0%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Parking filed50

Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.

Total parking slots50
Closed/Covered50
BuildingClosed/CoveredTotal
WING A2121
WING B2929

Land and ownership10

MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.

Land area1,024 sq m
Land owned byThe promoter, with other names on the file
Named landowners10
Encumbrance on the landDeclared none
CERSAI search filedYes
Declared on3 Mar 2026
LandownerVillageDistrict
ANAND YESHWANT KANITKARPune (M Corp.)Pune
PRATIBHA ANAND KANITKARPune (M Corp.)Pune
NARESH CHOUDHARIPune (M Corp.)Pune
MUKESH PARMARPune (M Corp.)Pune
MAKARAND VELANKARPune (M Corp.)Pune
TARLA RAJGURUPune (M Corp.)Pune
JYOTI RAJGURUPune (M Corp.)Pune
AMIT SHAHPune (M Corp.)Pune
ASHWIN RAJGURUPune (M Corp.)Pune
SHWETA AMIT SHAHPune (M Corp.)Pune

Approvals and building plan

Sanctioning authorityPune muncipal corporation
Permissible FSI3565.0
Proposed, not sanctioned2,643 sq m
Buildings approved2
Buildings sanctioned2

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Bank branch266 A T P SCHEME 3 N T MARKET BHAVANI PETH PUNE PUNE MAHARASHTRA 411002
Estimated costRs 13.18 cr
Cost incurredRs 8.58 cr
Work done65.12%
BuildingWingEstimatedIncurred
WING BNARs 9.09 crRs 5.94 cr
WING ANARs 3.89 crRs 2.55 cr
-NARs 20.00 lakhRs 9.00 lakh

Certifying professionals and partners5

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectSANJAY GENU BAGADE
EngineerSANDEEP DULGAJ
EngineerJITENDRA SHAH
Chartered AccountantRITESH A KHATRI
Chartered AccountantP G AGARWAL AND CO
PartnerRole in project
M/s MAHAVIR CONSTRUCTIONS AND DEVELOPERS-

Complaints filed with MahaRERA

No complaints on record against this registration.

The permission chain

The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 7 Jan 2024
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 3 Oct 2025
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 3 Oct 2025
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 28 Dec 2023Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateNot due yet

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    possession is promised for 30 Sep 2027

Documents filed94

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath; the newest 80 of 94 are shown. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Withdrawal Update Form 1File: Form 1 9th oct to dec 25.pdf27 May 2026
Withdrawal Update Form 1File: Form 1 9th oct to dec 25.pdf27 May 2026
Withdrawal Update Form 1File: DocScanner 27 May 2026 13-19.pdf27 May 2026
Withdrawal Update Form 2File: engg form ninth.pdf27 May 2026
Withdrawal Update Form 2File: engg form ninth.pdf27 May 2026
Withdrawal Update Form 2File: engg2 cert tenth.pdf27 May 2026
Withdrawal Update Form 3File: Certificate oct - dec 25.pdf27 May 2026
Withdrawal Update Form 3File: Certificate oct - dec 25.pdf27 May 2026
Withdrawal Update Form 3File: Certificate Jan to March 26.pdf27 May 2026
Withdrawal Update Form 1File: Arch April to june 25 O.pdf26 Nov 2025
Withdrawal Update Form 1File: Arch July to sep 25 O.pdf26 Nov 2025
Withdrawal Update Form 1File: Arch July to sep 25 O.pdf26 Nov 2025
Withdrawal Update Form 2File: Engg april to june 25 O.pdf26 Nov 2025
Withdrawal Update Form 2File: Engg July to Sep 25 O.pdf26 Nov 2025
Withdrawal Update Form 2File: Engg July to Sep 25 O.pdf26 Nov 2025
Withdrawal Update Form 3File: CA april to june 25 o.PDF26 Nov 2025
Withdrawal Update Form 3File: CA july to sep 25 O.PDF26 Nov 2025
Withdrawal Update Form 3File: CA july to sep 25 O.PDF26 Nov 2025
Form 1File: Architech form no 6 jan to mar 25.pdf19 Nov 2025
Form 2File: eng certificate no 6 jan to mar 25.pdf19 Nov 2025
Form 3File: CA form no 6 jan to mar 25_compressed (1).pdf19 Nov 2025
Disclosure of Sold and Booked InventoryFile: DocScanner 19 Nov 2025 3-40 pm.pdf19 Nov 2025
OthersFile: Engg form 2A no 6 jan to mar 25.pdf19 Nov 2025
Withdrawal Update Form 1File: Arch Form 7.pdf4 Nov 2025
Withdrawal Update Form 2File: Form 2 7th.pdf4 Nov 2025
Withdrawal Update Form 3File: CA form APRIL TO JUNE.pdf4 Nov 2025
Form 2A (FY 2023-2024)File: Form 2A second.pdf4 Nov 2025
Form 2A (FY 2024-2025)File: Form 2A 6th.pdf4 Nov 2025
Form 2A (FY 2025-2026)File: Form 2A 7.pdf4 Nov 2025
Layout approvalFile: BP final layout.pdf3 Oct 2025
Building plan approvalFile: BP 2nd plan.pdf3 Oct 2025
Building plan approvalFile: BP 3rd.pdf3 Oct 2025
Building plan approvalFile: BP 4th.pdf3 Oct 2025
Building plan approvalFile: BP 5th.pdf3 Oct 2025
Building plan approvalFile: Bp 6th.pdf3 Oct 2025
Building plan approvalFile: Signed_Signed_187794_BP_CC.pdf3 Oct 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA form Jan to March.pdf4 May 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg certificate 6th 2.pdf19 Apr 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: Engg certificate 6th 2A.pdf19 Apr 2025
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: 1.pdf18 Feb 2025
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA oct to dec.pdf3 Feb 2025
Layout approvalFile: PLan sheet 1_11zon.pdf25 Jan 2025
Layout approvalFile: Plan sheet 2_11zon.pdf25 Jan 2025
Building plan approvalFile: Plan sheet 3_11zon.pdf25 Jan 2025
Building plan approvalFile: plan sheet 4_11zon.pdf25 Jan 2025
Building plan approvalFile: Plan sheet 5_11zon.pdf25 Jan 2025
Building plan approvalFile: Plan sheet 6_11zon.pdf25 Jan 2025
Copy of Layout Approval (in case of layout)File: PLan sheet 1_11zon.pdf25 Jan 2025
Copy of Layout Approval (in case of layout)File: Plan sheet 2_11zon.pdf25 Jan 2025
Building Plan Approval / NA Order for plotted developmentFile: Plan sheet 3_11zon.pdf25 Jan 2025
Building Plan Approval / NA Order for plotted developmentFile: plan sheet 4_11zon.pdf25 Jan 2025
Building Plan Approval / NA Order for plotted developmentFile: Plan sheet 5_11zon.pdf25 Jan 2025
Building Plan Approval / NA Order for plotted developmentFile: Plan sheet 6_11zon.pdf25 Jan 2025
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 5th.pdf24 Jan 2025
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A 5th.pdf24 Jan 2025
Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Document 3.pdf11 Dec 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: ENGG FORM NO 4.pdf22 Oct 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arch form no 4.pdf19 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FINAL AS CA form 04 july- 24 september 24.pdf19 Oct 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Engg for 4.pdf19 Oct 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: chartered account's certificate.pdf11 Aug 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: chartered account's certificate.pdf11 Aug 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: engg form 2 2.pdf9 Aug 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: engg form 2A 2.pdf9 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: arch certificate no 2.pdf6 Aug 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arch certificate no 2.pdf11 May 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg form 2.pdf4 May 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: engg form 2A.pdf4 May 2024
CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA 2.pdf4 May 2024
Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arch certificate 1 gultekadi .pdf14 Jan 2024
Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engg certificate gul1.pdf14 Jan 2024
Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Engg form 2A gul.pdf14 Jan 2024
Details of encumbrances concerned to FinanceFile: legal new.pdf8 Jan 2024
Details of encumbrances concerned to LegalFile: legal new.pdf8 Jan 2024
Declaration about Commencement CertificateFile: declaration of CC new.pdf8 Jan 2024
CERSAI detailsFile: Cersai.pdf8 Jan 2024
Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: bank account declaration new.pdf8 Jan 2024
Copy of the legal title reportFile: LTR_compressed.pdf7 Jan 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: anil shah disclosure.pdf7 Jan 2024
Disclosure of Interest in Other Real Estate OrganizationsFile: amit shah disclosure.pdf7 Jan 2024

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 delivered late
ProjectLocationFlatsStatusPromisedDelivered
BHAKTI GENESIS D WING245 Shedge wasti Aundh wakad highway mulshi 41105720CompletedJun 2018Late, Aug 2018

How this compares with Pune

27%of this project is bookeddistrict median 31%
26%of Pune projects moved their completion datethis one has not
26%of Pune registrations have lapsed or been cancelledthis one is on the register

Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.

Free monthly report: Pune on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near GULTEKDI PUNE13,700+ in Pune

2 kmBHAKTI PANACHECompleted 50Lapsed / revoked 33Other 90Dot size: filed unitsN

Filed coordinates, straight-line distance. 173 registered projects within 2 km.

Builder: M/s MAHAVIR CONSTRUCTIONS AND DEVELOPERS

M/s MAHAVIR CONSTRUCTIONS AND DEVELOPERS has 1 registration on MahaRERA, including BHAKTI PANACHE. Its filings disclose 1 earlier MahaRERA project: declares 0 of 1 past projects completed on time. Read the full track record. See more projects on the Pune district page.

Frequently asked questions

What are my rights if BHAKTI PANACHE is delayed beyond 30 Sep 2027?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of BHAKTI PANACHE?

The registered promoter entity is M/s MAHAVIR CONSTRUCTIONS AND DEVELOPERS, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in BHAKTI PANACHE?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

How current is the construction progress shown for BHAKTI PANACHE?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at BHAKTI PANACHE?

The professionals named in the filing: Architect: SANJAY GENU BAGADE; Engineer: SANDEEP DULGAJ; Engineer: JITENDRA SHAH; Chartered Accountant: RITESH A KHATRI; Chartered Accountant: P G AGARWAL AND CO. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in BHAKTI PANACHE?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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